Market Week

The stock market was largely driven by mixed labor data and optimism over a possible interest rate cut following the Federal Reserve’s meeting next week.

The yield on 10-year Treasuries continued to slip as growing expectations of a rate cut help push bond prices higher, weighing on yields. Oversupply continued to drag crude oil prices lower.

Volatility continued to characterize the stock market last week.

Last week was marked by the re-opening of the U.S. government after a prolonged shutdown. However, despite a significant boost to the stock market at the beginning of the week, the positive momentum waned as the week progressed as investors were concerned about high valuation of AI stocks and uncertainty over Federal Reserve policy.

Stocks moved generally higher last week, largely driven by solid corporate earnings from some big tech firms.

The major stock market indexes continued to climb last week, with the S&P 500 and the NASDAQ reaching new record highs.

Last week saw another period of volatility in the stock market, largely driven by U.S.-China trade tensions, the ongoing government shutdown, and concerns over the health of the banking sector.

Wall Street was marked by volatility throughout last week.

Investor optimism over AI companies and expectations of interest rate cuts helped propel stocks last week.

Despite a rebound on Friday, stocks closed last week mostly lower.